Higher Ed Works

Analysis

Higher Ed Works is a registered charity in United States, based in Raleigh, NC. It received its IRS tax-exemption ruling in November 2018, 8 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Higher Ed Works reported income of $674k and spending of $618k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $820k to $674k (-18%), an average of -4.8% a year. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Higher Ed Works sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within NC. Charities of a similar size with the same main cause include Progressive Educational Program ($674k), Christian Life Academy Inc ($674k) and Oneworld Now ($674k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $279k (45% of expenses). It paid $23k in professional fundraising fees. At year end it held assets of $497k against liabilities of $0, net assets of $497k. It reported 3 employees.